401(k) · DOL Form 5500 · 2022
The Bank of New York Mellon Corporation 401(k) Plan
Data updated 2026-08-25
- $7.8B
- Total assets Very large vs avg
- 25,071
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $312,040
- Avg per participant High balance/head
Official DOL plan name: The Bank of New York Mellon Corporation 401(k) Savings Plan · Sponsored by The Bank of New York Mellon Corporation · Pennsylvania · Finance & Insurance
$7.8B in assets, 25,071 participants
The Bank of New York Mellon Corporation's The Bank of New York Mellon Corporation 401(k) Savings Plan reported $7.8B in total assets and 25,071 participants in its 2022 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #9,237 in Finance & Insurance (9,261 peers)
Coverage in Pennsylvania
The Bank of New York Mellon Corporation 401(k) Savings Plan covers 25,071 participants in Pennsylvania, 31x the typical Pennsylvania plan (state average ~822 per filing). Assets: $7.8B.
- #9,237
- in Finance & Insurance (9,261 peers)
- -16.8%
- assets change YoY
- 78×
- vs typical plan assets (national mean)
The plan reported a net loss of $1.6B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
The Bank of New York Mellon Corporation 401(k) Savings Plan's outsized position by total assets
The Bank of New York Mellon Corporation 401(k) Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$7,823,164,827 Highest reported value at or above every one of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
The Bank of New York Mellon Corporation 401(k) Savings Plan's mega-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Bank of New York Mellon Corporation 401(k) Savings Plan is a mega filing (25,071 participants), the rightmost band on the breakdown.
EBSA filing schedule strip
Filing strip 132614959 · The Bank of New York Mellon Corporation PY 2022 · 401(k)
The Bank of New York Mellon Corporation 401(k) Savings Plan · $7.8B · 25,071 · 100th
- RANK $7.8B
- PHOTO 25,071
- IND 100th
- EOY 401(k)
- 5500 near The Southern Company Employee Savings Plan
- ASSETS ind #9237
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Pennsylvania →
The Bank of New York Mellon Corporation 401(k) Savings Plan in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $9.4B |
|---|---|
| Net Assets (End of Year) | $7.8B |
| Net Income | -$1.6B |
| Employer EIN | 132614959 |
| Plan Effective Date | 1987-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Bank of New York Mellon Corporation)
Sponsor-wide plan assets over time
All The Bank of New York Mellon Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $10.2B 27.00784103553791% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 27,803 | $8.0B |
| 2023 | 2 | 27,681 | $9.1B |
| 2024 | 2 | 26,620 | $10.2B |
Nearby 401(k) Plans in Pennsylvania
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Comcast Corporation Retirement - Investment Plan $14.8B · 97,769
- Cigna 401(k) Plan $11.5B · 66,147
- The PNC Financial Services Group, Inc. Incentive Savings Plan $8.1B · 59,451
- The Vanguard Retirement and Savings Plan $8.1B · 17,073
- Gsk 401(k) Plan $7.0B · 14,527
Scale composition for The Bank of New York Mellon Corporation 401(k) Savings Plan
The Bank of New York Mellon Corporation 401(k) Savings Plan reports $7.8B in end-of-year assets across 25,071 participants (0.063% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.027% of 93,925,755 covered participants) - about $312,040 per participant (2.3x the national average assets-per-participant) . Net income for plan year 2022 was -$1.6B.
This plan identity (EIN 132614959, plan #004) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $7.8B to $9.9B (+26.7%) while covered participants moved from 25,071 to 24,183 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 25,071 | $7.8B | This page |
| 2023 | 25,184 | $9.0B | Open filing |
| 2024 · index core | 24,183 | $9.9B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- The Bank of New York Mellon Corporation 401(k) Savings Plan (401(k), $9.9B, 24,183 participants)
- Employee Stock Ownership Plan of the Bank of New York Company, Inc. (ESOP, $244M, 2,437 participants)
The Bank of New York Mellon Corporation 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Pennsylvania, the nearest 401(k) by assets is The Southern Company Employee Savings Plan in GA ($7.8B); by covered participants it is Publicis Benefits Connection 401(k) Plan in IL (25,067 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($7.8B here).
- The Southern Company Employee Savings Plan (GA) $7.8B · 27,061
- The Cargill Partnership Plan (MN) $7.7B · 27,564
- Southwest Airlines Co. 401(k) Plan (TX) $8.0B · 50,590
- McKinsey & Company, Inc. (Psrp) Profit Sharing Retirement Plan (NY) $8.0B · 14,349
Similar participant headcount
Nearest other-state filings by covered participants (25,071 participants); asset peers above are excluded.
- Publicis Benefits Connection 401(k) Plan (IL) 25,067 · 4 off
- Sevita 401(k) Plan (MA) 25,111 · 40 off
- Hartford Healthcare 401(k) Retirement Plan (CT) 25,020 · 51 off
- Stanley Black & Decker Retirement Account Plan (CT) 25,137 · 66 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.